2219 Delaney Dr #314BurlingtonNC27215
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Burlington at 2219 Delaney Dr #314, Burlington, NC, 27215 earns $490/mo cash flow from $1,812/mo rent with a $1,062/mo payment. Total monthly income totals $1,812/mo, and annual cash flow totals $5,875/yr on $71,936 capital. ROI tracks 28.08% on current figures, and rental yield reads 10.02% at a $217,000 purchase. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 over five years. Five-year ROI reaches 146.52% and total cumulative return in cash sums $105,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,812/mo property income instead of your personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27215, Burlington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,997 (100%) |
| Owner Occupied HU | 12,323 (53.6%) |
| Renter Occupied HU | 9,048 (39.3%) |
| Vacant Housing Units | 1,626 ( 7.1%) |
| Median Home Value | $317,753 |
| Average Home Value | $334,410 |
Housing Distribution
Address Breakdown
Residential
21,608
Single Family
18,629
Multi-Family
2,979
Businesses
2,076
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Listed by: Lee Poole • Rich Realty Group
Mls Name: Doorify MLS
Mls ID: #10120268